Reviews three books. `Leading the Revolution,' by Gary Hamel; `The New Art of the Leader,' by William A. Cohen; `When Genius Failed,' by Roger Lowenstein. INSETS: FAMILIAR FACES, by Talicia A. Flint;WHAT ARE YOU READING?, by Mike Manclark.

The article presents information on the book "When Genius Failed: The Rise and Fall of Long-Term Capital Management," by Roger Lowenstein. Founded in 1994, LTCM was managing $5 billion by 1998 under the direction of a team of economists, including two Nobel laureates, using complex financial...